Powell Valley Electric Cooperative

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

17 people listed

MICHAEL COPPOCK (GENERAL MANAGER): $243,657 total reported compensation
CHARLES S GOODIN (ASSISTANT GENERAL MANAGER): $186,096 total reported compensation
TRAVIS TOLLIVER (DIRECTOR OF OPERATIONS): $179,809 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Distribution of tva-generated power.

Electric cooperative in conjunction with rus programs, distribution of tva generated power.

Revenue model: Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass

Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
Total-asset coverage ratio: 1.54; rating input score 54; 54th percentile among comparable filings
Liabilities to assets ratio: 0.27; rating input score 60; 60th percentile among comparable filings
Officer compensation ratio: 1.4%; rating input score 66; 66th percentile among comparable filings

Program expense growth: -1% per year; rating input score 0; 5th percentile among comparable filings
Revenue growth: 1.9% per year; rating input score 100; 14th percentile among comparable filings
Asset growth: 2.8% per year; rating input score 100; 19th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 9 of 9 board members independent · 3 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $244K · 17 people listed · 0 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $955K reported
Consistency: 12 of 12 current checks pass
Schedules: 3 filed schedules · includes executive pay
Filing history: 16 filing years from 2009 to 2024
Contacts: How to reach this organization
Money network: 17 filed money-flow records
Related organizations: Filed and resolved organization relationships.
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.